2020-02-11Edgar Brandt As the coronavirus pandemic continues to spread across the world and has now killed more people than SARS (Severe Acute Respiratory Syndrome), the disease is wreaking havoc on the Chinese economy and is severely disrupting global supply chains. View more
2020-02-13Edgar Brandt Arandis Power has responded to environmental concerns raised regarding power plant driven by low sulphur heavy fuel oil through which it is has offered to supply South Africa’s Eskom with 120MW of electricity. View more
2020-02-14Edgar Brandt Botswana’s President, Mokgweetsi Masisi yesterday encouraged the Southern African Customs Union (SACU) Secretariat to consider sharpening collaboration with leading institutions relevant to its work. View more
2020-02-19Edgar Brandt International rating agencies and investors place a premium on power generation as a major factor contributing to industrial activity and economic growth. View more
2020-02-21Edgar Brandt The Income Tax Amendment Bill 2020, which calls for the abolishment of the Export Processing Zone (EPZ) tax incentives and the manufacturer’s tax incentives, was submitted to the National Assembly by Finance Minister, Calle Schlettwein, on Wednesday. View more
2020-03-05Edgar Brandt African governments still need to do far more to strengthen their cultures of governance, ethical and professional leadership. View more
2020-03-10Edgar Brandt Over the past 10 plus years the national rail services operator, TransNamib, has incurred losses of more than N$1 billion but these financial misfortunes may soon be turned around as relatively new CEO, Johny Smith, aims to bring the parastatal into profitability within the next two years. View more
2020-03-12Edgar Brandt The creation of a national employment task force, a national internship programme, the allocation of free land in urban areas, the adequate leveraging of public assets and the appointment of a government-owned holding company to run affairs of commercial parastatals are but some of the recommendations made by President Hage Geingob’s High-Level Panel on the Namibian Economy (HLPE). View more
2020-03-12Edgar Brandt The national airline has confirmed a reduction of already at least 24% on its passenger load on the Windhoek to Frankfurt route alone for January and February compared to the same time last year as a direct result of coronavirus fears. View more
2020-03-13Edgar Brandt Substantial progress is being made at the national rail services operator, TransNamib, which recently successfully hosted its first annual general meeting (AGM) in seven years. View more
2020-03-13Edgar Brandt Diamond polishing companies currently operating within the soon-to-be-phased-out Export Processing Zone (EPZ) regime, where they enjoy a zero-tax holiday, will be catered for by transitional measures by the which is being finalised by the Ministry of Finance and other relevant government departments. View more
2020-03-23Edgar Brandt Despite much speculation, Air Namibia has set the record straight regarding its operations and interpretation of Cabinet resolutions on measures to strengthen Namibia’s preparedness and response to the Covid-19. The national airline has reiterated it is in full conformity with government’s resolutions. View more
2020-03-24Edgar Brandt The Covid-19 pandemic, which is wreaking havoc across the globe, has the potential to significantly increase Namibia’s unemployment as it is no longer a health crisis but an economic, labour market and social crisis too. View more
2020-03-25Edgar Brandt Economists and business leaders have hailed former central bank governor Iipumbu Shiimi as new finance minister as a welcome development, given his extensive economic and banking background. President Geingob on Sunday appointed Shiimi to the finance ministry while former finance minister Calle Schlettwein, a trained biologist, has been moved to the merged agriculture, water and land reform minist View more
2020-03-30Edgar Brandt Petrol prices will come down by a whopping N$1.70 per litre and diesel will decrease N$1.20 per litre on 1 April 2020 as global demand for the oil wanes in the face of the crippling impact of the Covid-19 outbreak. The massive drop in local oil prices was announced even as the local currency depreciated against the United States greenback. View more
2020-03-31Edgar Brandt The Skorpion Zinc mine and refinery in southern Namibia has confirmed it will be placed in care and maintenance in April 2020, which will affect about 1 500 employees. View more
2020-04-09Edgar Brandt The care and maintenance announcement by the Skorpion Zinc mine and refinery in southern Namibia, which will inevitably affect a total of about 1 500 employees, has started to trickle down to the mine’s contractors who have confirmed retrenchments. View more
2020-04-16Edgar Brandt The announcement by President Hage Geingob that informal traders would be allowed to operate under strict conditions until the country emerges from the Covid-19 lockdown on 5 May has been met with appreciation. However, a small business expert has cautioned that the sector will need special assistance to operate under strict conditions. View more
2020-04-22Edgar Brandt The private sector has welcomed yesterday’s appointment of Johannes !Gawaxab as the new governor of the Bank of Namibia. View more
2020-04-22Edgar Brandt The Ministry of Finance says it is carrying out data reconciliation to verify whether the rejection of more than 148 000 applicants for the emergency income grant (EIG) is justified. View more
Your experience on this site will be improved by allowing cookies.